Meteora Capital (JACS) discloses 2.22% Jackson Acquisition Co II holding
Rhea-AI Filing Summary
Meteora Capital, LLC and its managing member, Vik Mittal, report beneficial ownership of 528,112 shares of Jackson Acquisition Co II Class A Common Stock on a Schedule 13G/A. This represents 2.22% of the class. All these shares are held through Meteora-managed funds, with shared voting and dispositive power over the full amount and no sole power. The filers state they are deemed to own 5 percent or less of the class and expressly note that the filing should not be construed as an admission of beneficial ownership for all purposes.
Positive
- None.
Negative
- None.
Key Figures
Shares beneficially owned: 528,112 shares
Percent of class: 2.22%
Shared voting power: 528,112 shares
+3 more
6 metrics
Shares beneficially owned
528,112 shares
Beneficial ownership of Jackson Acquisition Co II Class A Common Stock
Percent of class
2.22%
Portion of Jackson Acquisition Co II Class A Common Stock outstanding
Shared voting power
528,112 shares
Shares over which reporting persons share voting power
Sole voting power
0 shares
Shares over which reporting persons have sole voting power
Shared dispositive power
528,112 shares
Shares over which reporting persons share dispositive power
CUSIP
G4992A110
CUSIP for Jackson Acquisition Co II Class A Common Stock
Key Terms
beneficial owner, shared voting power, shared dispositive power, Schedule 13G
4 terms
beneficial owner regulatory
"the beneficial owner of the Common Stock reported herein"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
Schedule 13G regulatory
"for the purposes of Section 13 of the Act"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
FAQ
What stake in Jackson Acquisition Co II (JACS) does Meteora Capital report?
Meteora Capital reports beneficial ownership of 528,112 Class A shares of Jackson Acquisition Co II, representing 2.22% of the outstanding class, held through certain funds and managed accounts it advises.
Who are the reporting persons in this Jackson Acquisition Co II (JACS) Schedule 13G/A?
The reporting persons are Meteora Capital, LLC, a Delaware limited liability company, and Vik Mittal, its Managing Member, regarding shares held by funds and accounts managed by Meteora Capital.
Does Meteora Capital control more than 5% of Jackson Acquisition Co II (JACS)?
No. Meteora Capital reports ownership of 2.22% of the Class A Common Stock and explicitly indicates ownership of 5 percent or less of the class under the Schedule 13G/A disclosure.
What type of security in JACS is covered by Meteora Capital’s Schedule 13G/A?
The filing covers Class A Common Stock of Jackson Acquisition Co II, identified by CUSIP G4992A110, with all reported positions held through Meteora-managed funds and accounts.
AI-generated analysis. How Rhea-AI works. Not financial advice.